Time Value of Money

Question A

• Discuss the significance of recognizing the time value of money in the long-term impact of the capital budgeting decision.

Question B

• Discuss how the internal rate of return (IRR) method differs from the net present value (NPV) method. Be sure to include an explanation of what the IRR method is and what the NPV method is.

Note: this is for a discussion forum. A minimum of 150 words are needed. Thanks